This is a market in search of stability, and there have been (and will be) ups and downs. This unpredictable environment is not resolved yet, there are good signs for the future. Continue reading
The Austin metro housing market has been through dramatic change over the past 2 1/2 years. Look at this contrast with the rest of the market cycle. Continue reading
Explaining Today’s Mortgage Rates If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and … Continue reading
Reasons Your Home May Not Be Selling When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable … Continue reading
The Austin metro area’s residential market has been in transition since early in 2021, but even after months of declining prices, most homeowners still have high equity. Continue reading
Americans Still View Homeownership as the American Dream Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide. A recent survey from Bankrate asked respondents which achievements they feel most … Continue reading
In March-April 2022 the Austin residential market saw a transition toward somewhat higher inventories and more balanced supply and demand. Continue reading
Real Estate Is Still Considered the Best Long-Term Investment With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment … Continue reading
Oops! Home Prices Didn’t Crash After All During the fourthquarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, … Continue reading